Health-Tech Institute of Memphis

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2021 Average Net Price
$7,628
After Financial Aid
2019 Student Loan
4.56%
Default Rate
2021 Enrolled Students
15
100% Full-Time

About

Health-Tech Institute of Memphis is a higher education institution located in Shelby County, TN. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Health-Tech Institute of Memphis were Medical Assistant (9 degrees awarded), Health Information & Medical Records Technology (4 degrees), and Office Management & Supervision (2 degrees).

In 2020, 13 degrees were awarded across all undergraduate and graduate programs at Health-Tech Institute of Memphis. 92.3% of these degrees were awarded to women, and 7.69% awarded men. The most common race/ethnicity group of degree recipients was black or african american (15 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $7,628.

In 2021, 100% of undergraduate students attending Health-Tech Institute of Memphis received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Average Net Price

$7,628
2021 Value
69.8%
1 Year Growth

In 2021 Health-Tech Institute of Memphis had an average net price — the price paid after factoring in grants and loans — of $7,628. Between 2020 and 2021, the average net price of Health-Tech Institute of Memphis grew by 69.8%.

This chart compares the average net price of Health-Tech Institute of Memphis (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

100%
Undergraduates Receiving Financial Aid through Grants
43%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Health-Tech Institute of Memphis received financial aid through grants or loans in 2021. This represents a growth of 22% with respect to 2020, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Health-Tech Institute of Memphis (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
4.56%
2019 Default Rate
86
Number of Defaults

In 2019 the default rate for borrower's at Health-Tech Institute of Memphis was 4.56%, which represents 86 out of the 1884 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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bookEnrollment

Health-Tech Institute of Memphis had a total enrollment of 15 students in 2021. The full-time enrollment at Health-Tech Institute of Memphis is 15 students and the part-time enrollment is 0. This means that 100% of students enrolled at Health-Tech Institute of Memphis are enrolled full-time.

The enrolled student population at Health-Tech Institute of Memphis, both undergraduate and graduate, is 100% Black or African American.

Students enrolled at Health-Tech Institute of Memphis in full-time Undergraduate programs are most commonly Black or African American Female (93.3%), followed by Black or African American Male (6.67%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Health-Tech Institute of Memphis in 2021, both undergraduate and graduate, is 15 students. The full-time enrollment at Health-Tech Institute of Memphis is 15 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Health-Tech Institute of Memphis (in red) compares to similar universities.

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Retention Rate over Time

100%
2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Health-Tech Institute of Memphis was 100%. Compared with the full-time retention rate at similar (77%), Health-Tech Institute of Memphis had a retention rate higher than its peers.

This chart shows the retention rate over time at Health-Tech Institute of Memphis (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Black or African American
Most Common Race or Ethnicity (2021)
15 enrolled students

The enrolled student population at Health-Tech Institute of Memphis is 100% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2020, 11 more women than men received degrees from Health-Tech Institute of Memphis. The most common race/ethnicity group of degree recipients at Health-Tech Institute of Memphis is black or african american (15 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Health-Tech Institute of Memphis is Medical Assistant (9 degrees awarded), followed by Health Information & Medical Records Technology (4 degrees) and Office Management & Supervision (2 degrees).

In 2021,  the most specialized majors across all degree types at Health-Tech Institute of Memphis, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (13 degrees awarded) and Business (2 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Health-Tech Institute of Memphis are Registered nurses (1,405,293 people), Accountants & auditors (1,030,177 people), Other managers (679,252 people), Financial managers (461,491 people), and Chief executives & legislators (360,339 people).

The most specialized majors at Health-Tech Institute of Memphis in 2021 are Health (13 degrees awarded) and Business (2 degrees) (as of 2021).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Health-Tech Institute of Memphis are Surgeons, Physicians, Magnetic resonance imaging technologists, Chief executives & legislators, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Health-Tech Institute of Memphis are Health (13 degrees awarded) and Business (2 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Health-Tech Institute of Memphis are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,723,996 people), Elementary & secondary schools (631,218 people), Banking & related activities (467,197 people), Computer Systems Design (463,055 people), and Insurance carriers (433,326 people).

The most specialized majors at Health-Tech Institute of Memphis are Health (13 degrees awarded) and Business (2 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Health-Tech Institute of Memphis.
Most Common (2021)
  1. 9 degree-majors awarded
  2. 4 degree-majors awarded
  3. 2 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Health-Tech Institute of Memphis was Medical Assistant with 9 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Health-Tech Institute of Memphis according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2020
12
Degrees Awarded to Women
in 2020

In 2020, 1 degrees were awarded to men at Health-Tech Institute of Memphis, which is 0.0833 times less than the number of degrees awarded to females (12).

This chart displays the sex disparity between the top 5 majors at Health-Tech Institute of Memphis by degrees awarded.

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Most Common Female Majors

In 2021, 9 degrees were awarded to women at Health-Tech Institute of Memphis in Medical Assistant. There were no male recipients with the same degree.

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Race & Ethnicity by Share

Black or African American
Most Common Student Race or Ethnicity (2021)
15 degrees awarded

The most common race/ethnicity at Health-Tech Institute of Memphis is black or african american (15 degrees awarded).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Black or African American Female
Most Common Sex Demographic (2021)
15 degrees awarded

The most common race/ethnicity and sex grouping at Health-Tech Institute of Memphis is black or african american female (15 degrees awarded).

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Salary Expenditure

$74.2k
2021 Salaries
98.1%
growth from 2020

In 2021, Health-Tech Institute of Memphis paid a median of $74.2k in salaries, a 98.1% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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